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Shown below is activity for one of the products of Denver Office Equipment: Please explain your answer. Thank you :) January 1 balance, 660 units

Shown below is activity for one of the products of Denver Office Equipment:

Please explain your answer. Thank you :)

January 1 balance, 660 units @ $55$36,300
Purchases:
January 10: 660 units @ $60
January 20: 1,180 units @ $65
Sales:
January 12: 1,000 units
January 28: 800 units

Required:
Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system.

ENDING INVENTORY=????

GOST OF GOOD SOLD=???

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